GE HealthCare Technologies Inc. (NASDAQ:GEHC) Plans Quarterly Dividend of $0.04

GE HealthCare Technologies Inc. (NASDAQ:GEHC) announced a quarterly dividend on Thursday, February 12th. Shareholders of record on Friday, April 3rd will be given a dividend of 0.035 per share on Friday, May 15th. This represents a c) annualized dividend and a yield of 0.2%. The ex-dividend date is Thursday, April 2nd.

GE HealthCare Technologies has a payout ratio of 3.0% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect GE HealthCare Technologies to earn $5.20 per share next year, which means the company should continue to be able to cover its $0.14 annual dividend with an expected future payout ratio of 2.7%.

GE HealthCare Technologies Price Performance

Shares of NASDAQ:GEHC opened at $79.49 on Friday. The business has a fifty day moving average price of $82.54 and a 200-day moving average price of $77.60. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.37 and a quick ratio of 1.13. The company has a market capitalization of $36.23 billion, a PE ratio of 17.44, a PEG ratio of 1.75 and a beta of 1.08. GE HealthCare Technologies has a 1-year low of $57.65 and a 1-year high of $93.26.

GE HealthCare Technologies (NASDAQ:GEHC) last announced its quarterly earnings data on Wednesday, February 4th. The company reported $1.44 EPS for the quarter, beating the consensus estimate of $1.40 by $0.04. The company had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.60 billion. GE HealthCare Technologies had a net margin of 10.11% and a return on equity of 21.35%. GE HealthCare Technologies’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.45 EPS. GE HealthCare Technologies has set its FY 2026 guidance at 4.950-5.150 EPS. As a group, equities analysts expect that GE HealthCare Technologies will post 4.68 EPS for the current fiscal year.

Hedge Funds Weigh In On GE HealthCare Technologies

Several large investors have recently modified their holdings of the stock. Laurel Wealth Advisors LLC bought a new position in GE HealthCare Technologies during the fourth quarter valued at $26,000. Optima Capital LLC bought a new stake in GE HealthCare Technologies during the 4th quarter valued at $27,000. Godfrey Financial Associates Inc. acquired a new stake in GE HealthCare Technologies in the fourth quarter valued at approximately $27,000. Montag A & Associates Inc. raised its stake in GE HealthCare Technologies by 105.4% in the fourth quarter. Montag A & Associates Inc. now owns 341 shares of the company’s stock valued at $28,000 after buying an additional 175 shares during the last quarter. Finally, Godsey & Gibb Inc. acquired a new stake in shares of GE HealthCare Technologies during the third quarter worth $26,000. Institutional investors own 82.06% of the company’s stock.

About GE HealthCare Technologies

GE HealthCare Technologies (NASDAQ: GEHC) is a global medical technology and diagnostics company that develops, manufactures and markets a broad range of products and services for healthcare providers. Its portfolio centers on diagnostic imaging systems, including MRI, CT, PET and X-ray modalities, as well as ultrasound equipment. The company also supplies patient monitoring and anesthesia delivery systems, interventional and surgical imaging solutions, and molecular imaging technologies used in both clinical care and research settings.

In addition to hardware, GE HealthCare offers software, analytics and lifecycle services aimed at improving clinical workflows and equipment uptime.